Choosing the right trading journal can be the difference between passing your FTMO challenge and losing another challenge fee. With dozens of options available, three names come up most often for funded traders: TMI, TraderSync, and Edgewonk. Here's an honest comparison.
The Short Answer
TMI
TMI is built specifically for prop firm traders. It's the only journal designed around challenge rules, daily drawdown limits, and the mental game of funded trading.
Key features:
Pricing: Free plan available. Pro from ~$19/month.
Best for: Prop firm traders, FTMO challenge traders, funded traders
TraderSync
TraderSync is a well-established trading journal with clean design and solid basic analytics.
Key features:
Pricing: Starting from $29.95/month. No free plan.
Best for: Retail traders, day traders, options traders
Limitation for prop firm traders: No dedicated prop firm rule tracking. No real-time drawdown alerts. More expensive than TMI.
Edgewonk
Edgewonk is a desktop-based trading journal built for serious discretionary traders who want deep statistical analysis.
Key features:
Pricing: ~$169 one-time fee.
Best for: Experienced discretionary traders wanting deep statistics
Limitation for prop firm traders: Desktop-only, no mobile. No AI coaching. No prop firm rule enforcement. No auto-sync.
Side-by-Side Comparison
Auto MT4/MT5 Sync: TMI ✅ | TraderSync ✅ | Edgewonk ❌
Prop Firm Rule Tracking: TMI ✅ | TraderSync ❌ | Edgewonk ❌
AI Coaching: TMI ✅ | TraderSync limited | Edgewonk ❌
Free Plan: TMI ✅ | TraderSync ❌ | Edgewonk ❌
Mobile App: TMI ✅ | TraderSync ✅ | Edgewonk ❌
Price/month: TMI from $0 | TraderSync from $29.95 | Edgewonk $169 one-time
Verdict
For prop firm traders, TMI is the clear winner on features, pricing, and prop firm-specific functionality. TraderSync is a capable alternative but costs more and lacks prop firm rule enforcement. Edgewonk is excellent for deep analysis but isn't built for the modern funded trader ecosystem.
[Try TMI free →](/register)